Islamabad: In a setback to Pakistan government, Supreme Court Chief Justice Anwar Zaheer Jamali today refused to set up a judicial commission to probe Prime Minister Nawaz Sharif and others in the Panama Paper leak, saying a "toothless" probe panel would not serve any purpose.

Sharif last month formally wrote to Jamali to set up and lead a commission to probe those who have been named in Panama leaks. Panama Papers, a massive leak of 11.5 million tax documents that reportedly exposed the secret offshore dealings of around 140 political figures globally, named three of Sharif's four children -- Maryam, Hasan and Hussain -- listing them as owners of offshore companies.